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Nigerian SEC released a circular on June 9 stating the illegality of Binance Nigeria Limited in the country.
Reportedly, the entity mentioned in the circular is not affiliated with Binance Exchange.
Binance.com has issued a cease and desist notice to the fraudulent entity "Binance Nigeria Limited."
Binance Exchange h...
Bitcoin registered two consecutive days of price increases for the first time in a while as it pumped from under $25,000 to just shy of $27,000 within this timeframe.
ETH’s performance is rather similar, as the second-largest crypto now sits at $1,750. Most other altcoins are in the green as well.
BTC Soars to Weekly High
The SEC’s lawsuits against Binance and Coinbase took their toll on the cryptocurrency market, with BTC ...
The price of Quant (QNT) is rising as it makes two attempts to break through the $120 resistance level.
Quant long-term price forecast: bullish
The current downtrend is over after the bears retested the $100 support level twice, but the bu...
There aren’t too many favorable developments within the cryptocurrency community lately. It all started last Monday when the US SEC decided to begin a legal battle against Binance and doubled down on its crackdown against large crypto exchanges by suing Coinbase the very next day as well.
Expectedly, these rather unexpected events led to massive price crashes for the majority of crypto assets. Nevertheless, many managed to ...
Bitcoin slumped hard yesterday to a new multi-month low, but the favorable news coming from the world’s largest asset manager pushed it north by over a grand.
Most altcoins have also turned green today, with ADA, LTC, DOGE, and SHIB recovering somewhere between 2-4%.
BTC Eyes $26K
The primary cryptocurrency’s price dropped hard last Friday from almost $27,000 to under $26,000. The weekend was slightly more positive and less...
Ripple (XRP) is falling below the moving average lines from June 14.
Long-term forecast for Ripple price: bearish
The price of XRP rallied on June 13 when it surpassed the moving average. The rally was stopped at the high of $0.56, so it wa...
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Tezos price action differed from most of the altcoins as the token did not witness a drawdown in the last few days.
MACD and RSI indicate the potential of a recovery that would push XTZ back up to $0.883.
Falling through the support of $0.711 would invalidate the bullish thesis, bringing the altcoin close to a four-yea...
Shortly after the US Fed’s announcement about pausing the interest rate hikes, bitcoin took a sharp turn south and dropped to a multi-month low.
Most altcoins are in even worse shape, with ETH, XRP, ADA, DOT, LTC, AVAX, and many others dumping by 5-7%.
BTC Slumps Below $25K
Last week didn’t go all that well for BTC, despite its recovery on Tuesday following the lawsuits from the SEC against Binance and Coinbase. As the week...
The Bitcoin price remains in a consolidation phase below the $30K resistance level following its unsuccessful attempt to break above it a few weeks ago. Nonetheless, several nearby support levels have the potential to act as catalysts for a possible bounce.
Bitcoin Price Technical Analysis
By: Edris
The Daily Chart:
On the 4-hour chart, the price is still trapped inside the large descending channel and is on a slow downtren...
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Bitcoin, Ethereum prices plunged after the US Fed signaled additional interest-rate increases before the end of 2023.
Uniswap, Algorand and Terra LUNA Classic price saw gains amid a broad market decline.
UNI’s release of v4 code, Algorand’s recent partnerships and Terra Classic’s release of v2.1.1 parity upgrade hav...